A cash flow statement shows $29,000 from financing, ($9200)from investing and $23,000 from operations. The cash balance must have increased or decreased by
A)$52,000.
B)$61,200.
C)$42,800.
D)$19,800.

Question

Quizplus · Accepted Answer

The cash balance increased by $42,800, calculated by adding the cash flows: $29,000 (financing) + (-$9,200) (investing) + $23,000 (operations) = $42,800.

A Cash Flow Statement Shows $29,000 from Financing, ($9200)from Investing